Accessible, Adequate, Affordable Housing Finance

The Pension Fund Act allows members of Pension of Funds to obtain a loan from a Credit Provider, who has been appointed by the fund. The assets of the fund is used as security for the loan.

The loan can only be used for Housing Purposes, meaning that a member can

• Buying land with the intension to build on it
• Buy a house
• Renovate a property
• Maintain a property
• Settle an existing housing loan

Abacus further assist members of the Fund with:

• Bond Origination where a traditional bond is arranged on behalf of the member
• Assisting the member to obtain Unsecured Top-up Finance for the purpose of housing.
• Credit Rehabilitation, where members who are currently unable to access finance due to of an adverse credit position they can be assisted to rehabilitate their credit position
• Borrower Education and financial literacy skills.

"We believe that the creative combination of the housing funding options, will assist almost all members
with their housing requirements